Nick Kokonas, co-owner of The Alinea Group, said Monday on X he had sold his ownership of the restaurant group to an investor group led by Chicagoan Jason Weingarten. The group’s flagship restaurant, Alinea, is one of two Chicago restaurants with three Michelin stars. Among its other projects are the restaurant Roister and the cocktail lounge The Aviary. Reached by phone Tuesday morning, Kokonas said he was ready to try his hand at new projects and didn’t want his shifting focus to hold his team back. “20 years is a good round number, and I’m ready to move,” said Kokonas, who opened Alinea with chef Grant Achatz in 2005. Kokonas declined to provide financial details of the transaction. He won’t be involved in the day-to-day running of the restaurant group, he said, but would be available to the team for high-level consulting.

Topics:  alinea group   chicagoan jason   michelin   roister   aviary   reached   i m   restaurant    i   tag   california    there   yello   entrée   linkedin   nick    zbigniew bzdak/chicago   kokonas   alinea    alinea   chicago   jason   weingarten   grant   grant achatz    the   tribune   co-founder   projects   investor   chef   ready   details   team   
BING NEWS:
  • Alinea co-founder Nick Kokonas sells stake in restaurant group
    Nick Kokonas, co-owner of The Alinea Group, said Monday on X he had sold his ownership of the restaurant group to ... Weingarten is co-founder of recruitment software company Yello and of meal ...
    10/1/2024 - 5:42 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News